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Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
 Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
Therefore, he has urged the government to create a precise map of the reserves and develop a plan that would enable Indonesia to meet its growing demand for power while continuing to be a major coal exporter.
Bob recently sat down with the Jakarta Globe to talk about energy security, the rising demand for electricity and the next boom in coal on Sumatra island.
Can we reduce the aggressive exploitation of coal, one of the dirtiest sources of energy available?
Yes, we can, but coal is still the cheapest resource for power generation. We are aware that coal is the dirtiest but can we get cheaper and cleaner resources now? I don’t think so.
What about new technology such as coal liquefaction?
It’s good but it’s highly expensive. Investors need at least $10 billion and billions of tons of coal within a certain number of years to generate an adequate return.
When can we expect peaks in national coal production and consumption?
Currently, our coal consumption is about 40 million to 50 million tons per year. I think peak consumption will likely be around 150 million tons.
This year we may produce up to 270 million tons, with expected national coal consumption of about 50 million. I see peak production at about 300 million to 325 million, maybe up to 350 million tons a year. That means we could live with our coal for at least 50 to 70 years.
What is the biggest problem coal producers are facing?
We don’t have a clear map of the country’s coal reserves. It would be great if the government could provide comprehensive data regarding the coal reserves and mineable coal. Where is the coal? What’s the quality? If we have the map then we can measure when can we increase our electrification rate, how much coal we need what the calorie rate is.
What does the association want from the government over the next two or three years?
The mapping is the most important thing we need. Second, if we want to boost the country’s revenue the government should not limit the volume of coal production. It’s great that the government has launched the domestic market obligation but the pricing must be done according to an international index price.
If the government sets its own price then nobody wants to sell their coal to the country’s power generators. The payment by local players is also a problem because the coal producers only get paid about 60 to 90 days after they deliver the coal.
What do you think about India and China aggressively seeking Indonesia’s coal? Will it benefit us or hurt our energy security?
It’s good for us because 60 percent of every dollar from coal sold outside the country goes to the government. The energy security should be ensured through the creation of the mapping. Do we want all coal-fired power plants or a combination of geothermal, coal, nuclear and gas? If we get the mapping finished we could focus on what coal we must allocate for domestic use and what we could export.
Meanwhile, India and China are two different animals. India is aggressive, while China is becoming more selective. China is sucking up all the mineral resources it can in order to maintain its economic growth.
India really needs our coal because it needs to chase China’s economic growth. So, India’s appetite is actually bigger than China’s.
India has many new power plants it expects to come onstream in the next several years and it needs a huge amount of coal. I just recently met several Indian buyers and they are keen to take everything we have.
So the big investment in coal will continue this year?
Yes, despite many problems concerning regulations many investors are still coming to Indonesia. They want to collaborate with local players because if they are doing it by themselves they will be manipulated.
Local players also need to tackle social issues and legal uncertainties.
However, they will find it hard to find a big coal concession because it has already been taken by Indonesia’s big players. Can they find any other big concession now? I don’t think so.
Where is the next coal boom? Kalimantan, Sumatra or Papua?
I think Sumatra if the railway infrastructure is constructed. Yes, Papua has it, too, but to tap the island that has so many minerals is not ideal. It has its own minerals like gold and copper. We should not take coal from Papua.
Source: The Jakarta Globe - By: Janeman Latul
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Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...
Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
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- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
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